BofA raised the firm’s price target on Revvity (RVTY) to $105 from $99 and keeps a Buy rating on the shares. Despite Q3 being “a straightforward print,” it sets up for a steep Q4 sales and operating margin ramp that the firm views as “achievable,” though some risk remains, the analyst tells investors.
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Read More on RVTY:
- Revvity price target raised to $123 from $122 at Baird
- Revvity price target raised to $105 from $100 at Barclays
- Revvity, Inc. Reports Modest Growth and Strategic Initiatives
- Revvity: Buy Rating Affirmed Amid Strong Q3 Performance and Strategic Positioning
- Revvity, Inc. Earnings Call: Mixed Sentiment and Strategic Growth